Investment ISA
In action
To give you an idea of how our Investment ISA works, we have shown you below an example of the product and how it could fit an individual's needs. This is not advice, everyone’s needs and circumstances vary. If you are in any doubt about its suitability please contact our Customer Support team on 0800 195 9246 (8am – 6pm weekdays).
Name: Charlie
Age: 53
Occupation: Tax Inspector
Charlie loves his job but realises in 7 years time he will have to retire. His two children have both finished university and now contribute to the household.
After many years struggling to bring up a family Charlie now has some spare income and his current account is rapidly building up. His Bank Manager keeps contacting him to try and sell him a fund investment but Charlie has no interest in a Far East or Emerging Market speculative investment because he thinks it is just too risky. But he wants to use his lump sum at retirement to purchase an apartment at the marina with a motorboat. However, his lump sum may not be enough.
As a taxman Charlie is aware of the tax efficient status of ISAs but wants a scheme that has some security as well as the possibility of stock market growth. Saving a monthly amount and a lump sum into the Investment ISA, his money has stability and the opportunity of growth - with no hidden charges. Charlie can withdraw all or part of the investment whenever he wishes - tax free.
Your tax-efficient savings allowance: Use It, Or Lose It!
Everyone in the UK aged 18 or over has an ISA tax-efficient savings allowance. If you don’t use it, you will lose it. It’s as simple as that!
YOU qualify if you are:
- aged 18 or over
- live in the UK (and will be for at least 6 months of the tax year)
- or are a crown employee or spouse / civil partner of a crown employee serving overseas
Alternatively, why not find out more about our Investment ISA by calling us on 0800 195 9246 or order your FREE information pack.
